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Welcome to engcon group

On this website you will find corporate and financial information.
If you are looking for customer related information, please visit our local websites.

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OTHER

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About engcon

engcon is a world-leading manufacturer of tiltrotators and associated attachments which enhance the efficiency, flexibility, profitability, safety and sustainability of excavators. Under our own brand, we offer a unique tiltrotator system that transforms the excavator into a tool carrier that can replace other machines. We address the market through our local sales companies and an established network of resellers around the world.

Our product offering

A tiltrotator is the flexible wrist of an excavator and is the core of our product offering. We offer a unique total concept with quick couplers, hydraulic and mechanical tools, and steering and safety systems for excavators. Our innovative products and solutions promote improved security and resource efficiency for our customers.

Understanding our end users’ needs

Facts 2023

  • 16 Markets
  • 14 Local sales companies
  • 400+ Employees
  • 45% Global market share

Q3 report, 29 October

engcon published its interim report for the third quarter 2024 on Tuesday 29 October, at 08.00 a.m. CEST. A webcasted conference call will be held at 11:00 a.m. CEST on the same day.


Interim report Q3 2024

“engcon posted a strong third quarter with increased net sales and an improved operating profit”

Q3 2024 highlights

  • 8 % Organic net sales growth
  • 46.1 % Gross margin
  • 22.0 % Operating margin
  • 31.4 % Return on capital employed

Annual General Meeting 2025

engcon’s Annual General Meeting will be held on Thursday, 15 May 2025 in Strömsund, Sweden.

Annual and Sustainability Report 2023

engcons Annual and Sustainability Report for 2023 is now published and available for download here.


UN Global Impact Initiative

As a further step in our sustainability journey, engcon has officially joined the UN’s Global Compact, the world’s largest corporate initiative for sustainability. By joining, we strengthen the sustainable values ​​that our products offer. Our innovative solutions contribute to reduced carbon dioxide emissions, increased efficiency and safety. This enables our customers to work more sustainably and productively. engcon is proud to have joined this initiative which calls on companies to align their operations and strategies to ten universally accepted principles in human rights, labor law, environment and anti-corruption. This reinforces our commitment to responsible business practices and sustainable growth while demonstrating the importance of our role in contributing to a more sustainable and inclusive global economy.


Science Based Targets initiative

We’re proving our commitment to building a sustainable future by joining the Science Based Targets initiative (SBTi). With science-based emission targets, engcon is now one of more than 4,000 companies worldwide leading the transformation towards a carbon neutral society.

engcon’s class B share is trading on Nasdaq Stockholm

On 17 June 2022 engcon made its entrance on the Stockholm Stock Exchange. The offering price was SEK 46 per share and there was great interest in the listing.

Third generation tiltrotator is launched

engon’s third product generation is designed for an even smarter, smoother and more efficient digging. Our new tiltrotator system is taking progressive steps towards sustainability, applying smart technology to reduce energy consumption and is adapted ready for the electrification of excavators. Our new tiltrotator system is presented at trade fairs and production begins in 2023.


30+ years history of innovation

engcon was founded on the belief that the tiltrotator would change the world of excavation. Since our beginnings in 1990, we have focused heavily on product development and the needs of our end users, and these efforts have earned us numerous awards over the years.